According to the carnival of content, Most mortgage professionals agree that an adjustable rate mortgage is better than a fixed rate mortgage. Here I sit behind my desk reading yet another good family that is losing there home to and adjustable rate adjustment. I agree that and adjustable rate mortgage is a great mortgage. But for the right person. If there is only .250 difference to the rate , I don't think it is worth the risk. Yes you can give them a lower payment. But can you guarantee that lower payment? With a fixed rate mortgage, you can.